Cycle & Carriage now offer Guarantee Value Protection for selected model.

Basically very summaries example :

Brought an A Class - RM205,000
1st Year Insurance Agreed Value - RM205,000
2nd Year Insurance Agreed Value - RM180,000
3rd Year Insurance Agreed Value - RM150,000

Assuming, your car is stolen/total loss during the 3rd year of usage;
Insurance will only pay back (or you can claim) RM150,000 (due to Agreed Value)

So with GVP, C&C will top-up RM205,000 (Purchase Price) - RM150,000 (Insurance Claim) = RM55,000 to You =)

One of the T&C, you must buy-back a Mercedes Vehicle from C&C

Why need to be so mafan? Most insurance companieze provide 'agreed value clause' up to 10 years! You can choose to insure your purchased price even after 5 years! Just pay the premium only mah! The above that u listed is " market value clause'! It goes by years of depreciation value! Bery subjective this one!

Sorry, maybe my English is not good enough. That make you misunderstood.



I am just stating a example for easy calculation purpose.

Yes, you can insured base on purchase price for many years, they would be happy if you insist, not an issue for them.
But if say eg. The Car is already 3 years old and it has been stolen. Now, with the Insurnace cover which you had purchase the premium at car purchased price.

Do you think Insurance will pay you the Claim amount at Car Purchased Price? From my knowledge I could be wrong, please correct me if I am at wrong.

Well they won't, they would only pay you base on market value of your car. Cause the Insurnace you brought at Purchased Price is not agreed value.

I trying to say is, GVP will top up the Difference between Original Car price and the Insurnace claim.

This post has been edited by Jim.tan: Jun 8 2016, 01:16 AM

If your policy is attached with 'agreed value clause', the insurenace company will pay the full insured amount less excess if any in the event of theft or constructive total loss! No market value involved! Agreed value means the insured and the insurance company agreed on a fixed sum insured at the point of erecting the policy! I still insured my car at rm 280k after 3 years with the above clause! If according to mkt value, my car worth only 180k max! The GVP to me is a gimmick, you have to purchase another mercs to activate this coverage!

its not a gimmick is more like an additional Insurnace.
Put in this way, you mention you still insured your car Insurnace at 280K agreed value after 3 years. Is the Cost of purchase of your car also 280K?

From what I know agreed value of the Insurnace (for cars) drop every year

Just curious

This post has been edited by Jim.tan: Jun 9 2016, 11:53 AM

New W213 E Class from RM395,888

Mine is ckd 2013 bought at rm280k. Most insurance companies practice 5years agreed value sum insured of ori purchase price! After which you can negotiate with the underwriter on the sum insured!

CBU or CKD ?

First batch of new car has to be CBU.

I see, sorry not that i know of. But its a good package

Its CBU, CKD probably around 2017

Guys.. need help.. Had an offer of pre-reg B200 Facelift 2015, is it a good car to buy?

I like the new front grill and LED headlight + the tail pipe while waifu likes the Seat Height MPV style.

Not so keen hearing using DCT gearbox and FWD..

Any thoughts?

I am downsizing from a turbo Diesel SUV... mainly the car will be use by Waifu...

At what price?

160K

I thought I would share this for those who would like to own a Merc C200

I have been driving Merc C200 W204 Year2010 now for 6 years.
Here is the cost during of maintenance; primarily with C&C but recently i gone to another service center;

1st service - RM911.43
2nd service - RM1,497.93
3rd service - RM884.22
Brake pad package - RM2,066.12
4th service (incl air cond service) - RM2,680.96
5th service (incl automatic transmission oil change) - RM2,740.59
Brake pad change OEM (not with C&C) - RM830.00
6th service - RM2,387.04
7th service - RM2,566.20
8th service - RM595.45 (normal service not with C&C)

hope this is useful and everyone share their cost of maintenance

someone showed me a merc ko860 in facebook with a 400kmh speedo, thats insane.

good info bro

Where can i buy round bolt for mercedes c c230, 2006 model rims.

Any idea when C350e is coming in? Spec? Price?

I also curious when the CLA 45 AMG Facelift will be in Malaysia.. Prefer the push button version..